Headline: Cowboy
State Daily, 12/2/2024
Wyoming and 10 other states are suing three massive investors, accusing them of colluding to downsize coal companies in the name of achieving net-zero carbon emissions, and driving up energy prices for Americans and monopolizing the market in the process.
Blackrock Inc., State Street Corp. and Vanguard Group Inc. all acquired large percentages of major coal companies, then used their influence to bully the companies into cutting production, alleges the 11-state lawsuit.
Texas Attorney General Ken Paxton led the litigation, filed Wednesday in the U.S. District Court for the Eastern District of Texas. Alabama, Arkansas, Indiana, Iowa, Kansas, Missouri, Montana, Nebraska, West Virginia and Wyoming also signed the action.
Related post:
Bad news for Wyoming, good news for the planet, (11/18/2024)
No Friend to the Environment: Republican Representative Cynthia Lummis, Wyoming's At-Large Congressional District. (9/30/2015)
No comments:
Post a Comment